As the world of economy meltsdown in the afterglow of the heat generated by the US subprime crisis, working for a business publication allows me to see money disappear in terms I have never quite noticed before.
At times like this I am grateful my money is not invested in stocks or commodities. My money is invested in people. And the payback is not always monetary, but very tangible. However, I have discovered that most of the people I’ve invested with are the equivalent of what the risk market would call – sub-prime. High returns, but very, very risky.
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